Basque government approves new measures to tackle the consequences of the war in Ukraine on April 12

Date:

In particular, two rescue funds, one of a social and one of an economic nature, will be launched to stimulate the economy, preserve jobs and support the most vulnerable individuals and families.

The Basque government approved new this Tuesday social and economic aid for the most vulnerable people and for the reception of refugees in Ukraine, but also to financially help companies and freelancers in the primary and commercial sectors. They are assigned for this €158 million and are made two rescue funds

Also, and for the business liquidity and job retentionthe mobilization of €43 million in loans to the affected sectors within the budget of the Basque Financing Institute.

These are the key measures included in the shock plan approved by the Governing Council on Tuesday to stimulate the economy, preserve jobs and support the most vulnerable individuals and families, and so on. dealing with the consequences of the war in Ukraine The approved measures are in addition to the immediate measures taken by the Basque government at the start of the crisis.

This is how it has been agreed to two rescue funds: a “social rescue fund“, which is endowed with 15 million in social assistance for the most vulnerable people and also for the reception of Ukrainian refugees, and another from “rescue operationendowed with EUR 143 million and proposing to increase aid programs targeting companies and micro-SMEs by EUR 63 million.

within the Social helps there are:

Additional social assistance for vulnerable people: €9.3 million

– Aid for social need and energy poverty: 3.7 million euros

– Support for the integration of the homeless: €0.6 million

– Additional resources for young people without family support: 1.5 million euros:

– Local support networks for frail elderly: 0.5 million euros

– NETWORK “Azken sarea Indartzen”

Social assistance for the reception of Uranian refugees: €5.8 million

– 1st reception program: 1.5 million euros

– NETWORK “Azken sarea indartzen Ukraine”: 3.0 million euros

– Loturak (local reception networks for migrants): 0.5 million euros

– Psychological support program for refugees: 0.5 million euros

– Aukerak suspertzen and education reinforcement for young people in Ukraine: 0.3 million euros

Concerning the economic aid

Additional support to companies and micro-SMEs: €62.9 million

– Extension of the Bilakatu program: 27.0 million euros

– Business utility: 20 million euros

– Support for intensive gas industry: 5 million euros

– Deferral of rents for technology parks and industrial estates: 3.7 million euros

– Legal advice: 0.2 million euros

– Aid program for companies in the social economy: 5.0 million euros

– Social entrepreneurship aid program: one million euros

– Utility to promote energy co-operatives: one million euros

Additional support for companies in the first sector: €60 million

– Direct aid program for the agricultural and livestock sector: 16 million euros

– Direct aid program to the fisheries sector: EUR 14 million

– Handitu program: 30 million euros

Additional support to the commercial sector

– Consumption stimulation program: 5 million euros

– Direct support program for the retail commercial sector: 15 million euros

Of the additional liquidity measures, the following stand out:

Liquidity support from the Basque Institute of Finance: 40 million euros

– Financing invoices, advances, orders and sales: 10 million euros

– Liquidity support to companies affected by the conflict: 10 million euros

– Financing line for importers of raw materials from the agricultural sector: 10 million euros

– Working capital credit lines for feed producing companies: 10 million euros

Circulation decrees 2020 and 2021 between the Basque government and Elkargi: 3 million euros

– Extension of 1 year of unused operation of working capital lines 2020 and 2021 (Decrees 50/2020 and 106/202) EUR 3 million


Source: EITB

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